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franklin india balanced advantage fund direct growth
Franklin India Balanced Advantage Fund Direct Growth

Franklin India Balanced Advantage Fund Direct Growth

  • Very High Risk
  • Allocation
  • Dynamic Asset Allocation
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NAV as on May 12, 2026
i
Price per unit of the scheme.
14.8416-1.23%1 Day Change
-1.10%
Minimum Investment₹5000
Expense Ratio0.11%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

This Fund
Franklin India Balanced Advantage Fund Direct Growth
VS
Allocation: Dynamic Asset Allocation Average NAV
    Topper in Allocation: Dynamic Asset Allocation
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Franklin India Balanced Advantage Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      0
    • Return
      0
    • Current Value
      0

    bt_logoFUND MANAGER

    Rajasa Kakulavarapu
    Rajasa Kakulavarapu
    i
    Lead Fund Manager.
    Sep 8, 2022 - Present
    • Schemes managed12
    • Total AUM34,801.64 Cr
    • Highest Return In 1 Yr7.73 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ₹ 297.68
    -1.40%
    -0.31%
    Very High Risk
    2,163.53Cr
    ₹ 18.34
    -0.26%
    0.12%
    Moderately High risk
    632.24Cr
    ₹ 100.04
    -0.38%
    -0.21%
    Moderately High risk
    186.59Cr
    Franklin India Equity Hybrid Fund Direct Growth
    Very High Risk
    • NAV₹ 297.68
    • Fund Size2,163.53Cr
    Fund Return-1.40%
    Category Return-0.31%
    Franklin India Equity Savings Fund Direct Growth
    Moderately High risk
    • NAV₹ 18.34
    • Fund Size632.24Cr
    Fund Return-0.26%
    Category Return0.12%
    Franklin India Debt Hybrid Fund Direct Growth
    Moderately High risk
    • NAV₹ 100.04
    • Fund Size186.59Cr
    Fund Return-0.38%
    Category Return-0.21%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Sachin Padwal-Desai
    Sachin Padwal-Desai
    i
    Lead Fund Manager.
    Sep 8, 2022 - Present
    • Schemes managed12
    • Total AUM8,050.37 Cr
    • Highest Return In 1 Yr308.96 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ₹ 297.68
    -1.40%
    -0.31%
    Very High Risk
    2,163.53Cr
    ₹ 24.69
    0.45%
    0.16%
    Moderate Risk
    473.03Cr
    Franklin India Equity Hybrid Fund Direct Growth
    Very High Risk
    • NAV₹ 297.68
    • Fund Size2,163.53Cr
    Fund Return-1.40%
    Category Return-0.31%
    Franklin India Banking & PSU Debt Fund Direct Growth
    Moderate Risk
    • NAV₹ 24.69
    • Fund Size473.03Cr
    Fund Return0.45%
    Category Return0.16%
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    Low Risk--
    • NAV₹ 3.21
    • Fund Size29.52Cr
    Fund Return258.95%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Umesh Sharma
    Umesh Sharma
    i
    Lead Fund Manager.
    Sep 8, 2022 - Present
    • Schemes managed14
    • Total AUM14,760.08 Cr
    • Highest Return In 1 Yr308.96 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ₹ 297.68
    -1.40%
    -0.31%
    Very High Risk
    2,163.53Cr
    ₹ 24.69
    0.45%
    0.16%
    Moderate Risk
    473.03Cr
    Franklin India Equity Hybrid Fund Direct Growth
    Very High Risk
    • NAV₹ 297.68
    • Fund Size2,163.53Cr
    Fund Return-1.40%
    Category Return-0.31%
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    Low Risk--
    • NAV₹ 3.21
    • Fund Size29.52Cr
    Fund Return258.95%
    Category Return--
    Franklin India Banking & PSU Debt Fund Direct Growth
    Moderate Risk
    • NAV₹ 24.69
    • Fund Size473.03Cr
    Fund Return0.45%
    Category Return0.16%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Sandeep Manam
    Sandeep Manam
    i
    Lead Fund Manager.
    Sep 8, 2022 - Present
    • Schemes managed21
    • Total AUM86,875.22 Cr
    • Highest Return In 1 Yr50.58 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ₹ 1,707.78
    -2.28%
    0.10%
    Very High Risk
    17,535.63Cr
    ₹ 199.92
    0.49%
    0.69%
    Very High Risk
    3,135.10Cr
    ₹ 111.36
    -2.06%
    0.12%
    Very High Risk
    10,716.01Cr
    Franklin India Flexi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 1,707.78
    • Fund Size17,535.63Cr
    Fund Return-2.28%
    Category Return0.10%
    Franklin India Equity Advantage Fund Direct Growth
    Very High Risk
    • NAV₹ 199.92
    • Fund Size3,135.10Cr
    Fund Return0.49%
    Category Return0.69%
    Franklin India Focused Equity Fund Direct Growth
    Very High Risk
    • NAV₹ 111.36
    • Fund Size10,716.01Cr
    Fund Return-2.06%
    Category Return0.12%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Varun Sharma
    Varun Sharma
    i
    Lead Fund Manager.
    Sep 1, 2023 - Present
    • Schemes managed17
    • Total AUM66,999.71 Cr
    • Highest Return In 1 Yr50.58 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ₹ 111.36
    -2.06%
    0.12%
    Very High Risk
    10,716.01Cr
    --
    ₹ 47.91
    13.55%
    -%
    Very High Risk
    399.54Cr
    --
    ₹ 481.12
    -2.90%
    -3.94%
    Very High Risk
    1,556.24Cr
    Franklin India Focused Equity Fund Direct Growth
    Very High Risk
    • NAV₹ 111.36
    • Fund Size10,716.01Cr
    Fund Return-2.06%
    Category Return0.12%
    Franklin Asian Equity Fund Direct Growth
    Very High Risk--
    • NAV₹ 47.91
    • Fund Size399.54Cr
    Fund Return13.55%
    Category Return--
    Franklin India Technology Fund Direct Growth
    Very High Risk--
    • NAV₹ 481.12
    • Fund Size1,556.24Cr
    Fund Return-2.90%
    Category Return-3.94%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rahul Goswami
    Rahul Goswami
    i
    Lead Fund Manager.
    Nov 10, 2023 - Present
    • Schemes managed8
    • Total AUM8,351.66 Cr
    • Highest Return In 1 Yr7.73 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ₹ 54.69
    0.36%
    0.23%
    Low to Moderate Risk
    3,959.38Cr
    ₹ 66.10
    0.26%
    -0.25%
    Low to Moderate Risk
    163.59Cr
    ICICI Prudential Fixed Maturity Plan 85 1114 Days V Direct Cumulative
    Moderate Risk--
    • NAV--
    • Fund Size0.00Cr
    Fund Return--
    Category Return--
    Franklin India Money Market Fund Direct Growth
    Low to Moderate Risk
    • NAV₹ 54.69
    • Fund Size3,959.38Cr
    Fund Return0.36%
    Category Return0.23%
    Franklin India Government Securities Fund Direct Growth
    Low to Moderate Risk
    • NAV₹ 66.10
    • Fund Size163.59Cr
    Fund Return0.26%
    Category Return-0.25%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Anuj Tagra
    Anuj Tagra
    i
    Lead Fund Manager.
    Mar 7, 2024 - Present
    • Schemes managed14
    • Total AUM1,43,382.62 Cr
    • Highest Return In 1 Yr12.89 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ₹ 25.82
    -0.03%
    -0.20%
    Moderate Risk
    2,312.42Cr
    ₹ 113.29
    -0.19%
    -0.25%
    Moderate Risk
    8,858.44Cr
    --
    ₹ 98.32
    -0.27%
    -0.22%
    Moderate Risk
    896.53Cr
    ICICI Prudential Constant Maturity Gilt Direct Growth
    Moderate Risk
    • NAV₹ 25.82
    • Fund Size2,312.42Cr
    Fund Return-0.03%
    Category Return-0.20%
    ICICI Prudential Gilt Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 113.29
    • Fund Size8,858.44Cr
    Fund Return-0.19%
    Category Return-0.25%
    ICICI Prudential Long Term Bond Fund Direct Plan Growth
    Moderate Risk--
    • NAV₹ 98.32
    • Fund Size896.53Cr
    Fund Return-0.27%
    Category Return-0.22%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Chandni Gupta
    Chandni Gupta
    i
    Lead Fund Manager.
    Mar 7, 2024 - Present
    • Schemes managed20
    • Total AUM41,118.88 Cr
    • Highest Return In 1 Yr11.02 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    --
    ₹ 12.99
    0.46%
    -%
    Moderate Risk
    1,475.17Cr
    --
    ₹ 13.16
    0.54%
    -%
    Moderate Risk
    811.62Cr
    ₹ 35.62
    0.16%
    0.16%
    Low to Moderate Risk
    9,109.42Cr
    ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct Growth
    Moderate Risk--
    • NAV₹ 12.99
    • Fund Size1,475.17Cr
    Fund Return0.46%
    Category Return--
    ICICI Prudential Nifty G-Sec Dec 2030 Index Fund Direct Growth
    Moderate Risk--
    • NAV₹ 13.16
    • Fund Size811.62Cr
    Fund Return0.54%
    Category Return--
    ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 35.62
    • Fund Size9,109.42Cr
    Fund Return0.16%
    Category Return0.16%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Venkatesh Sanjeevi
    Venkatesh Sanjeevi
    i
    Lead Fund Manager.
    Oct 4, 2024 - Present
    • Schemes managed9
    • Total AUM27,016.05 Cr
    • Highest Return In 1 Yr7.73 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ₹ 199.92
    0.49%
    0.69%
    Very High Risk
    3,135.10Cr
    ₹ 1,073.22
    -2.35%
    -1.95%
    Very High Risk
    6,821.18Cr
    --
    ₹ 14.84
    -1.10%
    -0.42%
    Very High Risk
    2,662.52Cr
    Franklin India Equity Advantage Fund Direct Growth
    Very High Risk
    • NAV₹ 199.92
    • Fund Size3,135.10Cr
    Fund Return0.49%
    Category Return0.69%
    Franklin India Bluechip Fund Direct Growth
    Very High Risk
    • NAV₹ 1,073.22
    • Fund Size6,821.18Cr
    Fund Return-2.35%
    Category Return-1.95%
    Franklin India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.84
    • Fund Size2,662.52Cr
    Fund Return-1.10%
    Category Return-0.42%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Mar, 2026
    EQUITY (59.50%)
    DEBT (31.51%)
    CASH (8.99%)
    Allocation by Market Cap
    Large Cap(46.82%)
    Mid Cap(5.00%)
    Small Cap(7.66%)
    Industry Holdings
    • Banks Regional25.23%
    • Telecom Services6.59%
    • Oil Gas Refining Marketing6.05%
    • Information Technology Services5.63%
    • Utilities Regulated Electric4.71%
    • Engineering Construction4.38%
    Stock Holdings
    • HDFC Bank Ltd5.85%
    • ICICI Bank Ltd4.85%
    • Bharti Airtel Ltd4.34%
    • Reliance Industries Ltd3.99%
    • State Bank of India3.01%
    • Axis Bank Ltd2.92%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      2.56
      This Fund
      VS
      0.36
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      91.60
      This Fund
      VS
      88.66
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.96
      This Fund
      VS
      1.10
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.81
      This Fund
      VS
      0.53
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.22
      This Fund
      VS
      0.79
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      8.12
      This Fund
      VS
      9.56
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Franklin Templeton Asst Mgmt(IND)Pvt Ltd
    Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth ₹ 1,05,858.73 crores. It’s current offering of mutual fund schemes includes 18 equity, 19 debt and 7 hybrid schemes.
    phone icon
    Phone
    +91 22 - 67519100
    mail icon
    Email
    services@franklintempleton.com
    aum
    AUM
    1,05,858.73 Cr (
    As on Mar 31, 2026
    )
    location
    Address
    Senapati Bapat Marg, Elphinstone Road (West), Mumbai Mumbai,400 013

    bt_logoFAQs

    What is the category of Franklin India Balanced Advantage Fund Direct Growth ?
    The category of Franklin India Balanced Advantage Fund Direct Growth is Allocation - Dynamic Asset Allocation
    What is the current NAV of Franklin India Balanced Advantage Fund Direct Growth ?
    The current NAV of Franklin India Balanced Advantage Fund Direct Growth as on May 12, 2026 is ₹14.84
    How safe is Franklin India Balanced Advantage Fund Direct Growth ?
    The risk level of Franklin India Balanced Advantage Fund Direct Growth is Very High.
    What are short term returns given by Franklin India Balanced Advantage Fund Direct Growth ?
    The return given by Franklin India Balanced Advantage Fund Direct Growth in 1 month is -1.10%, 3 months is -4.00%, 6 months is -3.70%, and 1 year is 0.34%
    What are the long term returns given by Franklin India Balanced Advantage Fund Direct Growth ?
    The return given by Franklin India Balanced Advantage Fund Direct Growth in 3 years is 12.46% and 5 years is --.
    What is the expense ratio of Franklin India Balanced Advantage Fund Direct Growth ?
    The expense ratio of Franklin India Balanced Advantage Fund Direct Growth is 0.11%
    What is the AUM of Franklin India Balanced Advantage Fund Direct Growth ?
    The assets under Management (AUM) of Franklin India Balanced Advantage Fund Direct Growth is Rs 2,662.52 crores.
    What is the minimum investment in Franklin India Balanced Advantage Fund Direct Growth ?
    The minimum Lumpsum investment in Franklin India Balanced Advantage Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Franklin India Balanced Advantage Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Franklin India Balanced Advantage Fund Direct Growth?
    Franklin India Balanced Advantage Fund Direct Growth has an exposure of 59.50% in Equity, 31.51% in Debt and 8.99% in Cash & Money Market Securities